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Impact of pandemic, lockdowns reflected in lower household spending during 2020
Societyexpenditure in 2020 came to 15,982 euros per year, or 1,332 euros per month, a drop of 9.9 pct... up to 2019, rising to 1,478 euros. Between 2008 and 2020 the largest drops in average monthly spend... by 62.7 pct. Recreation and culture follow with a drop of 54.5 pct and restaurants, cafes and hotels down
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EC sees strong recovery in 2021, solid growth in coming years underpinned by RRF
EconomyMacroeconomyup to 7.1 pct in the autumn forecasts released on Thursday, from 4.3 pct growth seen in the summer... of unvaccinated citizens with retail and food and beverage owners already noticing a drop in business... signs of normalisation and Greek products gaining market share pushing up exports. Unemployment
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Newsletter 379 - 05/05/2023
he prefers to go to second elections, where the winning party would gain a bonus of up to 50 seats... before. As flagged up in last week’s newsletter, in its latest rating review S&P played down any... as ECB president Christine Lagarde noted that there has been a significant drop in corporate demand
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Industrial turnover drops by 10.2 pct in Jul, driven by foreign markets and manufacturing
EconomyMacroeconomyAuthority (ELSTAT) on Wednesday. This is the fourth successive annual drop, something not seen... by 20.5 percent. In the domestic market, the drop in July was led by a 3.9 percent decrease... was driven by a 20.5 percent drop in manufacturing. Mining and quarrying turnover decreased by 21 percent
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Newsletter 447 - 17/01/2025
will be held on January 25. Up to five votes can be held. If the candidate fails to clear the bar... book opening, offers had exceeded 30 billion euros, which allowed the guidance to drop to 102 points.... MacroeconomyCharts of the weekCPI Greece’s CPI picked up a little pace in December with a rise of 2.6 pct, from 2.4
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Newsletter 481 - 24/10/2025
in front of the cenotaph - punishable by fines and up to a year in prison - and transfers... and 2023, with the decline significantly exceeding the drop in productivity, implying a redistribution.... The travel balance was 14.34 billion euros, up from 13.04 billion euros last year. Industrial turnover
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Electricity propels 6.4 pct YoY jump in Oct industrial production
EconomyMacroeconomyof 6.4 percent year-on-year (YoY) drop, after a jump of 7.3 percent in the previous month, according..., the index is up by 1.3 percent, from the same period last year. The annual movement in the index... in manufacturing, partially offset by a 9 percent drop in water supply. The manufacturing index was led
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Newsletter 131 -15/09/2017
“Grexit” into “Grinvest.” This motto summed up the tone of Tsipras’s speech as the emphasis was on how... showed that unpaid taxes shot up by just over 2 billion euros in July compared to a rise of 727 million... the International Monetary Fund’s demands for the pensions cuts lined up for 2018 and the reduction
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Newsletter 184 -23/11/2018
as the European Commission confirmed the decision to suspend the pension cuts that had been lined up for next year, while also warning that Athens will have to speed up with the implementation... Ministry included tax cuts and social spending measures worth more than 900 million euros, up from
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EU elections in Greece: Applying a different scale of values
Agorawe are on the subject of stirring up anger among voters (as SYRIZA did using terribly divisive... to 4.88 percent on Sunday. In real terms, this was a decline of around 100,000 votes. The drop... career (at least for now) of its leader Panos Kammenos. Many of the 155,000 votes ANEL lost ended up
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